Question
You currently owe $3,131.00 of your credit card that charges an annual interest rate of 18.23%. You make $111.00 of new charges every month and
You currently owe $3,131.00 of your credit card that charges an annual interest rate of 18.23%. You make $111.00 of new charges every month and make a payment of $248 every month. What will your credit card balance be in three months?
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
